World Markets up 1-2% as US and China could end Trade War

Stocks in Asia were mainly higher on Friday morning on the back of Wall Street gains and comments from U.S. President Donald Trump indicating progress in trade negotiations with China.

Trump Tweet – Just had a long and very good conversation with President Xi Jinping of China. We talked about many subjects, with a heavy emphasis on Trade. Those discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina. Also had good discussion on North Korea!

The Dow Jones And SP500 were up 1.06%. Nasdaq was up 1.75%.

Hong Kong’s Hang Seng index surging 2.02 percent. The Shanghai composite gained 0.89 percent while the Shenzhen composite advanced 1.591 percent.

10 thoughts on “World Markets up 1-2% as US and China could end Trade War”

  1. Just U.S. election B.S. Pay it no attention. The Republican party is just trying to keep those mid-west farmers onboard. Have no doubt what will happen if the Republicans keep the house … more economic carnage here and abroad.

  2. Faux News will.Other media outlets will be ‘balanced’ & say something less stupid without actually criticizing Trump.

  3. You bet the US media will spin that as a victory for Trump Does not matter if nothing changes.. though..

  4. Just U.S. election B.S. Pay it no attention. The Republican party is just trying to keep those mid-west farmers onboard. Have no doubt what will happen if the Republicans keep the house … more economic carnage here and abroad.

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